SPACIOUS DOUBLE FRONTED SALES SHOP approx. 650 sq. ft. sales area with laminated strip floor, suspended ceiling with concealed lighting. The equipment includes counter, 2 EPOS scanning tills, modern adjustable shelving, 2 upright double door drinks display fridges (used for beers), 1 upright single door drinks display fridge (used for wines), 1 open cool display unit (on loan from Lucozade and used for soft drinks).
Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin
Turnover
WE ARE INFORMED the turnover averages £15,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 13% approx.
Staff
The business is at present mainly staff operated. 4 part time staff employed. Wages paid £500 p.w. It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced.
Opening
Hours
11 a.m. - 10 p.m. seven days per week
Accommodation
The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING, comprises:
3 Double Bedrooms
Shower room with shower, w.c. and wash hand basin
Lounge
Kitchenette with fitted units
Tenure
The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £15,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years. (Alternatively, if the accommodation is not required, the vendor is prepared, subject to satisfactory references to grant a new 16 years full repairing and insuring lease in respect of the shop only (excluding the accommodation) at a rental of £10,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years).
Uniform Business Rates: £2,500 p.a. approx. + water rates
RECOMMENDED FOR EARLY INSPECTION
Price
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £90,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
